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The most comprehensive history of the Organization of the Petroleum Exporting Countries (OPEC) and of its members, this study takes the reader from the formation of the first petrostate in the world, Venezuela, in the late 1920s, to the global ascent of petrostates and OPEC during the 1970s, to their crisis in the late-1980s and early-1990s.

Petroleum industry and trade --- History --- Organization of Petroleum Exporting Countries --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- History. --- OPEC (Organization of the Petroleum Exporting Countries) --- سازمان کشور‌هاى صادرکننده‌ى نفت